What will WTI Crude Oil hit in April 2026?

WTI fell to ~$96-97 (-14% in a day), Brent to $91-95 - the sharpest drop since the Gulf War.

Base case now: if supply normalizes → $90-105 range.
If disruptions remain → closer to $115.
If conflict restarts → fast move back to $110-130.

Market odds reflect the uncertainty:
$130+ → 12-22%
Below $90 → 86%
Below $80 → 55%